2023 MGA to MUR Historical Review

YEARLY HIGH

0.0110 MUR

YEARLY LOW

0.0095 MUR

YEARLY AVERAGE

0.0101 MUR

2023 MGA to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MGA to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 0.0110. Conversely, the yearly low was recorded on December 25, dropping to 0.0095.

This high-to-low spread represents a total annual volatility of 0.0015 MUR. From a start-to-finish perspective, comparing the January average rate of 0.0100 to the December average rate of 0.0096, the exchange rate registered a net change of -4.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0110 was down 2.91% compared to the 2022 peak of 0.0113, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MGA based on timing:

Yearly Peak High 55 MUR

2022 Average 54 MUR

Yearly Trough Low 48 MUR

Transaction Impact: A difference of 7.39 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0109

0.0095

JanuMarcMayJulySeptNove

MGA to MUR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0104, compared to 0.0099 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0104

H2 Avg (Jul–Dec) 0.0099

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0010 MUR (High: 0.0106 / Low: 0.0096). On the other end, October was the most stable month, with a tight range of 0.0001 MUR (High: 0.0098 / Low: 0.0097).

January Spread (Volatile) ±0.0010

October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0005 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0108) against the same month in 2022 (average: 0.0110), the exchange rate shifted by -0.0002 (-2.25%).

2023 Avg (March) 0.0108

2022 Avg (March) 0.0110

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0106	0.0096	0.0100
February	0.0109	0.0103	0.0106
March	0.0110	0.0105	0.0108
April	0.0105	0.0102	0.0103
May	0.0104	0.0102	0.0103
June	0.0105	0.0100	0.0102
July	0.0104	0.0100	0.0101
August	0.0103	0.0100	0.0101
September	0.0103	0.0098	0.0100
October	0.0098	0.0097	0.0098
November	0.0100	0.0097	0.0098
December	0.0099	0.0095	0.0096